Property description

YOUR FIRST MOVE. OR YOUR SMARTEST MOVE YET.

Unit 005 is a ground-floor one-bedroom apartment at Maple Mews, a modern and immaculately maintained sectional title complex on the corner of North Road and Malibongwe Drive, Linden Extension. Direct access to a private courtyard garden. High ceilings. Fibre ready. A location that delivers both lifestyle and return.

THE PROPERTY AT A GLANCE
Unit Number: 005, Ground Floor
Configuration: 1 Bedroom, 1 Bathroom
Unit Size: 55sqm
Asking Price: R925,000
Monthly Levy: R1,573.56 (inclusive of R41.47 CSOS), owner's account
Parking: 1 Covered bay plus ample visitors parking
Connectivity: Fibre installed, own ISP required
Pets: Not permitted

INSIDE UNIT 005
Generous for its category. 55sqm with high ceilings and direct outdoor access changes how a space feels. Open plan lounge and dining area with smart use of space. Direct access to private courtyard garden. Modern shower bathroom with no bath. Tiled throughout for easy maintenance. Ample built-in cupboards in bedroom. High ceilings throughout. Well-appointed kitchen with ample built-in cupboards and space for three appliances plus a full-size fridge. Aluminium windows and doors throughout. Security gates at unit entrance. Modern, stylish finishes throughout. Fibre installed. Extremely well maintained and move-in ready.

THE COMPLEX
App-based digital access control with keyless entry. 24-hour CCTV throughout the complex. Fibre infrastructure installed throughout. Backup water supply. Communal cleaning and garden services. Peaceful and quiet complex culture. 27 units across three floors. Ample visitors parking.

LOCATION
Malibongwe Drive sits at the intersection of convenience and connectivity. North to the N1. East toward the city. Day-to-day essentials on your doorstep.
Walking distance to daily amenities. Banbury Cross Centre on Malibongwe Drive. Brightwater Commons with restaurants, cinema and market. Cresta and Northgate within easy reach. Virgin Active on Malibongwe Drive. Linden's 4th Avenue and 7th Street café and restaurant strip. Emmarentia Dam and Johannesburg Botanical Gardens. Delta Park minutes away. Gautrain bus route nearby. Close to Sandton, Rosebank and Randburg CBD.
Linden Extension offers easy access to Malibongwe Drive and Beyers Naude Drive. Strong rental demand from young professionals and executives. A suburb with growing sectional title appetite and solid capital growth fundamentals.

INVESTMENT SNAPSHOT
Purchase Price: R925,000
Confirmed Monthly Rental: R6,450 per month
Gross Annual Rental Income: R77,400
Gross Yield: 8.37%
Owner Pays Monthly Levy: R1,573.56 per month
Tenant Pays: Consumption charges only (water and electricity)
Levy responsibility sits with the owner. Tenant covers consumption charges only. A full net yield model inclusive of vacancy and commission is available on request.

WHO IS THIS FOR?
Owner-Occupiers: A modern, well-maintained apartment in a professionally managed complex on one of Johannesburg's best-connected corridors. High ceilings. Quality finishes. App-based access. Fibre ready. Lifestyle ownership that holds its value.
Investors, Single Unit: Confirmed rental income. Proven rental demand in a suburb with strong sectional title appetite. Modern finishes reduce maintenance liability. A clean, straightforward acquisition in a well-managed complex with a stable tenant profile.
Investors, Multi-Unit Portfolio: Maple Mews offers a mix of 1-bedroom and 2-bedroom units across three floors, priced from R845,000 to R1,095,000 per unit. Acquiring multiple units in the same complex consolidates management, reduces letting costs per unit, and builds a high-quality residential portfolio in a single, well-located asset. Bulk pricing considered.

Investors, Entire Block: 27 units. Three floors. One address. Maple Mews is available for whole-block acquisition to a single buyer. Combined portfolio value across all 27 units exceeds R26 million. Full unit schedule, levy breakdown and consolidated yield model available on request. Serious enquiries only.

Viewing by appointment. Bond pre-qualification recommended prior to viewing.